Named Executive Officer Salaries and Director Compensation Schedule (Effective May 1, 2010)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries for key executives of the company, effective May 1, 2010, including the Chairman, President, CEO, and other executive vice presidents. It also outlines director compensation for fiscal year 2011, specifying that non-employee directors will receive a total of 3,250 restricted stock units as part of their annual equity grant. The agreement sets out compensation terms for top management and board members.

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EX-10.A.XIV 2 l39903exv10wawxiv.htm EX-10.A.XIV exv10wawxiv
Exhibit 10 (a) (xiv)
Named Executive Officer Salaries
         
    Amount
Name   (Effective May 1, 2010)
William R. Johnson
  $ 1,250,000  
Chairman, President, and Chief Executive Officer
        
 
        
Arthur B. Winkleblack
  $ 650,000  
Executive Vice President and Chief Financial Officer
        
 
        
David C. Moran
  $ 665,000  
Executive Vice President, President & Chief Executive Officer, Heinz Europe
        
 
        
C. Scott O’Hara
   $ 650,000  
Executive Vice President, President and Chief Executive Officer, Heinz North America
        
 
        
Michael D. Milone
Executive Vice President Heinz Rest of World, Global ERM and Global Infant/Nutrition
  $ 600,000  
Director Compensation
In Fiscal Year 2011, non-employee directors will receive an additional 250 restricted stock units in their annual equity grant for a total of 3,250 restricted stock units.